StockX is a private company with a massive amount of fundraising under its belt. The company is moving into a position where there won’t be another funding round. The company will have to IPO. In the first post in this series, I explained why the platform implemented guardrails to offset a slow market. Throughout this…
Made to be Discounted is honestly a natural part of the product lifecycle and not a dig at Nike. MTBD becomes a problem when the lifecycle is compacted. Let me explain, no one ever really addresses what sneaker resale was or what it encroached upon. The initial wave (90s) began with sellers finding Air Force…
Source: The State of Resale 2024 – StockX Whether the sneaker industry will admit and whether sneaker culture likes it, StockX is the measuring stick for the business of kicks. The site provides a bevy of data on trends and is capable of supplying real time indicators of brand heat. This doesn’t mean the platform…
These are the items which currently have high demand. This suggestion is for resellers and brands and offers insight on what items you can offer if you’re capable of acquiring the SKUs at a fair price. The list is broken down with the following details: Product Name and Size Offer Winning Price – The average…
Last month I wrote a post on how resale was slowing down on both StockX and eBay. During the time since I wrote that post, Sneaker Twitter and Sneaker IG have exploded with discussions on Marcus Jordan backdooring Trophy Room kicks and Benjamin Kickz getting 500 pair of the coveted Union Air Jordan 2. The…
One of the primary methods of increasing the visibility of a listing on eBay is displaying a product with free shipping. On StockX the seller doesn’t pay shipping, my prediction is this will change in the very near future. Businesses, in response to Amazon’s long-standing policies which have shaped all of e-commerce, all offer some…
Year over year comparison finally reflects the reality of what I’ll label as Unassisted ReSale vs Assisted ReSale. What do I mean by URS vs ARS? Unassisted is the process of acquiring sneakers via legitimate methods: Retail purchasing and arbitrage, using the sneaker apps to win elusive, more coveted pairs, buying wholesale, all legit without…
— Provides Sellers Access to Automation, Inventory Management Technology — StockX, the trusted global platform for consuming and trading current culture products, has acquired the inventory management solution known as Scout. The company’s first acquisition will further streamline the selling experience on StockX and help customers around the world grow and scale their operations. Source:…
I had 469 transactions in July 2021. That’s a jump back towards normal and doesn’t account for the number of wholesale transactions. I sold approximately 800 pair of shoes in wholesale. These shoes go on to be sold in retail outlets and on third party digital outlets. The wholesale is extremely limited in style, and…
Average Sold Price In previous RRA’s I haven’t broken down my profit. I’d like to do that here, but it will be confusing. I’ll try to make it as clear as possible. First I’ll give you the Average resale price of the shoes sold on StockX which was $112.62 before fees. After StockX fees, the…
Resellers are all jumping on the train of “teaching you how to resell”. I usually do a yearly wrap up of how much I made reselling. In this video, I wanted to talk about the fact that a lot of the videos attempting to teach you how to resale are being made for the views….
pic from Reebok I finished my most recent book and released it a week ago. The book begins as a discussion on resale site StockX and then shifts into the opportunities for startups, entrepreneurs and reemerging businesses in the sneaker industry. As with any of my writing, this book can cross categories. It’s not just…
While The Mayor and 23Penny are both famous and infamous in the sneaker world I’ve gone pretty much unnoticed except for the one time I ended up on a small segment of NPR Morning Edition which paved the way for this longer more in depth video. Here is my little bit of shine: The…
Stadium Goods, a sneaker and streetwear retailer, will operate a shop within Nordstrom’s men’s store in New York, which opens in April. Source: Stadium Goods to Open Concept Space Inside Nordstrom A few weeks ago I shared information on SG’s investment by Louis Vuitton. The luxury goods company saw Stadium Goods’ e-commerce growth compelling enough…
Once upon a time I was pulling down half a million a year in sneaker resale. That time has passed and now I spend my time trying to create a site that gives people as much information about the world of sneakers as possible. It doesn’t bring me as much money as flipping ever…
Dominick Ruiz capitalizes on the sneakerheads trend, today’s baseball card market. Source: Teen finds fortune, heartbreak in sneakers We’ve all seen this story and we can’t get enough of it. I’m sharing this because it’s a sneaker site, but I feel slightly bad about sharing it because this kid is 16. Giving him this type…
I was working on a creative title and a really long article about launching an eBay store with products you have purchased with the sole intent of reselling. I was going to dig into Coach, MK, or Yankee Candles, all products with resell value, but I figured I would do… Continue reading Source: Business: It’s…
